每經AI快訊，有投資者在投資者互動平臺提(ti)問：尊(zun)敬的(de)領導您(nin)好，最近五年是(shi)公(gong)司(si)大幅擴產(chan)(chan)的(de)幾(ji)年，相比較公(gong)司(si)過去的(de)發展年份來看，可以說比較激進！但是(shi)隨著產(chan)(chan)業鏈持續的(de)需求不振，公(gong)司(si)產(chan)(chan)能有出現過剩的(de)情況，各項費用(yong)大幅增加(jia)，公(gong)司(si)將如何(he)度過這(zhe)段陣痛(tong)期(qi)？另外公(gong)司(si)對于上海基(ji)地提(ti)到的(de)信息(xi)非常少？可否具體介紹一(yi)下？

順絡電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)（002138.SZ）4月(yue)16日在(zai)投(tou)(tou)資者互動平臺表示， 公(gong)(gong)(gong)司(si)(si)(si)持續擴產(chan)(chan)(chan)(chan)(chan)(chan)(chan)是(shi)(shi)(shi)基(ji)于(yu)(yu)四(si)個(ge)維度(du)考(kao)慮(lv)：行(xing)(xing)業(ye)(ye)(ye)(ye)前(qian)(qian)景、公(gong)(gong)(gong)司(si)(si)(si)戰略目標、競爭地位和(he)(he)(he)業(ye)(ye)(ye)(ye)務(wu)(wu)發(fa)展(zhan)、產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)特點。 一、行(xing)(xing)業(ye)(ye)(ye)(ye)前(qian)(qian)景 公(gong)(gong)(gong)司(si)(si)(si)擁有四(si)大(da)(da)產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品線(xian)系(xi)列——磁性(xing)器(qi)(qi)件(jian)(jian)、敏感及(ji)(ji)傳感器(qi)(qi)、微波(bo)器(qi)(qi)件(jian)(jian)、精密(mi)(mi)陶(tao)瓷，主要(yao)(yao)使用(yong)于(yu)(yu)“整(zheng)機的(de)(de)(de)信號(hao)處理(li)(li)功能(neng)”及(ji)(ji)“整(zheng)機的(de)(de)(de)電(dian)(dian)(dian)源(yuan)(yuan)管(guan)理(li)(li)功能(neng)”等(deng)領(ling)(ling)(ling)域，是(shi)(shi)(shi)信號(hao)處理(li)(li)和(he)(he)(he)電(dian)(dian)(dian)源(yuan)(yuan)管(guan)理(li)(li)的(de)(de)(de)核心元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)，隨著整(zheng)機產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品功能(neng)及(ji)(ji)應用(yong)的(de)(de)(de)發(fa)展(zhan)，各類元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)使用(yong)總量(liang)(liang)及(ji)(ji)高(gao)品質元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)使用(yong)數(shu)量(liang)(liang)及(ji)(ji)比重(zhong)持續增(zeng)(zeng)(zeng)加，同(tong)時(shi)(shi)，新(xin)興產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)（AI及(ji)(ji)數(shu)據(ju)中(zhong)心、電(dian)(dian)(dian)動汽(qi)車、5G及(ji)(ji)5.5G、無人(ren)裝備(bei)、低(di)空經(jing)濟、光儲新(xin)能(neng)源(yuan)(yuan)等(deng)）快速發(fa)展(zhan)，給元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)行(xing)(xing)業(ye)(ye)(ye)(ye)帶來了更加廣(guang)闊(kuo)的(de)(de)(de)發(fa)展(zhan)機會。 二、戰略目標 基(ji)于(yu)(yu)行(xing)(xing)業(ye)(ye)(ye)(ye)前(qian)(qian)景，公(gong)(gong)(gong)司(si)(si)(si)期(qi)望(wang)(wang)成(cheng)為(wei)全(quan)(quan)(quan)球電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)領(ling)(ling)(ling)域專(zhuan)家；堅持全(quan)(quan)(quan)球化和(he)(he)(he)創(chuang)新(xin)戰略，持續為(wei)客戶創(chuang)造價值，成(cheng)為(wei)全(quan)(quan)(quan)球電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)鏈(lian)的(de)(de)(de)優(you)選伙(huo)伴(ban)。 三、競爭地位和(he)(he)(he)業(ye)(ye)(ye)(ye)務(wu)(wu)發(fa)展(zhan)情(qing)況 經(jing)過二十多年(nian)的(de)(de)(de)專(zhuan)注成(cheng)長(chang)(chang)(chang)，公(gong)(gong)(gong)司(si)(si)(si)實(shi)現(xian)年(nian)交付(fu)電(dian)(dian)(dian)感遠超千億只，為(wei)全(quan)(quan)(quan)球供應鏈(lian)提(ti)供服務(wu)(wu)，已成(cheng)為(wei)在(zai)全(quan)(quan)(quan)球被動電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)及(ji)(ji)技術解決(jue)方案領(ling)(ling)(ling)域中(zhong)具有技術領(ling)(ling)(ling)先(xian)和(he)(he)(he)核心競爭優(you)勢(shi)的(de)(de)(de)國際化企(qi)業(ye)(ye)(ye)(ye)，是(shi)(shi)(shi)少(shao)數(shu)能(neng)夠在(zai)高(gao)端電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)元(yuan)(yuan)(yuan)件(jian)(jian)領(ling)(ling)(ling)域與(yu)國際企(qi)業(ye)(ye)(ye)(ye)展(zhan)開全(quan)(quan)(quan)面競爭的(de)(de)(de)中(zhong)國企(qi)業(ye)(ye)(ye)(ye)之一；與(yu)元(yuan)(yuan)(yuan)件(jian)(jian)巨頭日本(ben)村田、TDK、太誘同(tong)為(wei)互相尊重(zhong)的(de)(de)(de)競爭對(dui)手（電(dian)(dian)(dian)感是(shi)(shi)(shi)電(dian)(dian)(dian)容(rong)、電(dian)(dian)(dian)阻、電(dian)(dian)(dian)感三大(da)(da)無源(yuan)(yuan)元(yuan)(yuan)(yuan)件(jian)(jian)之一）。近5年(nian)來，依托電(dian)(dian)(dian)感產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品奠定(ding)(ding)的(de)(de)(de)行(xing)(xing)業(ye)(ye)(ye)(ye)美(mei)譽度(du)和(he)(he)(he)基(ji)礎(chu)研究(jiu)實(shi)力(li)，公(gong)(gong)(gong)司(si)(si)(si)圍繞元(yuan)(yuan)(yuan)器(qi)(qi)件(jian)(jian)領(ling)(ling)(ling)域全(quan)(quan)(quan)面發(fa)力(li)，不僅是(shi)(shi)(shi)電(dian)(dian)(dian)感系(xi)列產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品持續擴充創(chuang)新(xin)，磁性(xing)器(qi)(qi)件(jian)(jian)系(xi)列產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品、微波(bo)器(qi)(qi)件(jian)(jian)系(xi)列產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品、精密(mi)(mi)陶(tao)瓷系(xi)列產(chan)(chan)(chan)(chan)(chan)(chan)(chan)品齊頭并(bing)進(jin)，同(tong)樣取得突破(po)性(xing)進(jin)展(zhan)，得到了眾多全(quan)(quan)(quan)球領(ling)(ling)(ling)先(xian)企(qi)業(ye)(ye)(ye)(ye)的(de)(de)(de)廣(guang)泛(fan)認(ren)(ren)可(ke)。 四(si)、產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)特點 公(gong)(gong)(gong)司(si)(si)(si)屬于(yu)(yu)高(gao)科技基(ji)礎(chu)產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)，固(gu)定(ding)(ding)基(ji)礎(chu)設施投(tou)(tou)資大(da)(da)要(yao)(yao)求高(gao)（3-5年(nian)）、設備(bei)先(xian)進(jin)選項交付(fu)周(zhou)期(qi)長(chang)(chang)(chang)（6-24個(ge)月(yue)）、設備(bei)精密(mi)(mi)調試時(shi)(shi)間長(chang)(chang)(chang)（6-18個(ge)月(yue)），所以許多工(gong)作需(xu)要(yao)(yao)盡可(ke)能(neng)并(bing)行(xing)(xing)。因為(wei)投(tou)(tou)資強度(du)大(da)(da)周(zhou)期(qi)長(chang)(chang)(chang)，達產(chan)(chan)(chan)(chan)(chan)(chan)(chan)需(xu)要(yao)(yao)一段(duan)時(shi)(shi)間，所以達產(chan)(chan)(chan)(chan)(chan)(chan)(chan)期(qi)間“固(gu)定(ding)(ding)基(ji)礎(chu)設施利用(yong)不足是(shi)(shi)(shi)正常的(de)(de)(de)、設備(bei)調試期(qi)間設計產(chan)(chan)(chan)(chan)(chan)(chan)(chan)能(neng)無法釋(shi)放是(shi)(shi)(shi)正常的(de)(de)(de)”，同(tong)時(shi)(shi)投(tou)(tou)資也(ye)提(ti)高(gao)了行(xing)(xing)業(ye)(ye)(ye)(ye)進(jin)入門檻。 五、公(gong)(gong)(gong)司(si)(si)(si)投(tou)(tou)資強度(du)還與(yu)業(ye)(ye)(ye)(ye)務(wu)(wu)規(gui)模有關，公(gong)(gong)(gong)司(si)(si)(si)在(zai)主業(ye)(ye)(ye)(ye)未變化的(de)(de)(de)前(qian)(qian)提(ti)下(xia)，營收(shou)(shou)規(gui)模是(shi)(shi)(shi)上(shang)市前(qian)(qian)一年(nian)（2006年(nian)）約40倍，同(tong)時(shi)(shi)保持上(shang)市以后年(nian)營收(shou)(shou)復合(he)增(zeng)(zeng)(zeng)長(chang)(chang)(chang)率(lv)24%。 基(ji)于(yu)(yu)以上(shang)原(yuan)因，我們認(ren)(ren)為(wei)新(xin)增(zeng)(zeng)(zeng)投(tou)(tou)資相比公(gong)(gong)(gong)司(si)(si)(si)業(ye)(ye)(ye)(ye)務(wu)(wu)規(gui)模處于(yu)(yu)合(he)理(li)(li)范(fan)圍內，是(shi)(shi)(shi)維持企(qi)業(ye)(ye)(ye)(ye)長(chang)(chang)(chang)期(qi)持續發(fa)展(zhan)必須經(jing)歷的(de)(de)(de)過程。 六、公(gong)(gong)(gong)司(si)(si)(si)在(zai)上(shang)海(hai)松江工(gong)業(ye)(ye)(ye)(ye)園區建設先(xian)進(jin)制造基(ji)地，期(qi)望(wang)(wang)圍繞長(chang)(chang)(chang)三角地區汽(qi)車電(dian)(dian)(dian)子(zi)(zi)(zi)(zi)、精密(mi)(mi)陶(tao)瓷、5G及(ji)(ji)5.5G通訊、物聯(lian)網等(deng)先(xian)進(jin)制造領(ling)(ling)(ling)域，布局產(chan)(chan)(chan)(chan)(chan)(chan)(chan)業(ye)(ye)(ye)(ye)新(xin)高(gao)地。上(shang)海(hai)工(gong)業(ye)(ye)(ye)(ye)園區已于(yu)(yu)2023年(nian)建設完成(cheng)，并(bing)規(gui)劃陸續投(tou)(tou)入使用(yong)。 感謝您的(de)(de)(de)支持與(yu)關注！

(記者 蔡鼎)

免(mian)責聲(sheng)明：本文內容與數(shu)據(ju)僅供(gong)參(can)考，不構成投(tou)資(zi)建議，使(shi)用前核實(shi)。據(ju)此操作(zuo)，風險自擔。